Del. Code tit. 19 § 3801

Current through 2024 Legislative Session Act Chapter 510

Section 3801 - [See Note] Establishment; purposes

There is hereby established the Expanding Access for Retirement and Necessary Saving ("EARNS") Program to serve as a vehicle through which covered employees may, on a voluntary basis, provide for additional retirement security through a State-facilitated retirement saving program in a convenient, cost effective, and portable manner. The Program is designed as a public-private partnership that will encourage, not replace or compete with, employer- sponsored retirement plans.

19 Del. C. § 3801

Added by Laws 2021, ch. 405,s 1

Section 3 of the enacting legislation provides that this chapter takes effect following the date of publication in the Register of Regulations of a notice submitted by the State Treasurer that funding necessary to implement the Program, as reflected in the fiscal note, has been received from the General Assembly or other sources.